Chapter II Review of Related Literature and Related Studies Related Literature Accounts receivable describes the amount of cash‚ goods‚ or services owed to a business by a client or customer. The manner‚ in which the collection of outstanding bills is handled‚ especially in a small business‚ can be a pivotal factor in determining a company’s profitability. Getting the sale is the first step of the cash flow process‚ but all the sales in the world are of little use if monetary compensation is
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REVIEW OF RELATED LITERATURE There are similar cases of projects similar to the implementation of the Automated fare Collection System (AFCS). Such systems are currently being used in developed countries. EZ-Link (Singapore) The EZ-Link is a contactless smart card in Singapore used for paying transportation fees for the Mass Rapid Transit (MRT)‚ Light Rail Transit (LRT) and public bus services. Aside from its primary use of transportation payment‚ the card has been developed as a viable
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Project Proposal on Payroll System Submitted by: Aporto‚ Zaldy Cabaya‚ Miafie T. Dablo‚ Maricel G. Nacional‚ Christian Paul System Analysis and Design (IS-206) Submitted to: Mrs. Jennifer Ledesma-Pido Date Submitted: January 07‚ 2013 Statement of the Problem The purpose of this study is to design and implement a payroll system that should accept employee hours‚ worked‚ compute net pay and record all the payroll data for succeeding processing. To accomplish these tasks‚
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In a company‚ payroll is the sum of all financial records of salaries for an employee‚ wages‚ bonuses and deductions. In accounting‚ payroll refers to the amount paid to employees for working for a period of time. Payroll is crucial because payroll and payroll taxes considerably affect the net income of most companies and they are subject to laws and regulations. The primary mission of the payroll department is to ensure that all employees are paid accurately and timely with the correct allowances
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and calculating the payroll. In addition‚ this study aims to develop a reliable and manageable computerized payroll system for Dona Aurora National High School‚ Sta. Rita‚ Aurora‚ Isabela for a better manageable of a business. The Proposed Computerized Payroll System will give a big relief of the employee and employers as well. Objectives of the Study The objective of the study is to access the present payroll system of Dona Aurora National High School‚ Sta. Rita‚ Aurora‚ Isabela. 1) To identify
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Literature Review: Recruitment and Selection Process Introduction: Nowadays‚ every organization necessitates personnel planning as one of the most vital activities. Human Resource Planning is‚ by far‚ an essential ingredient for the success of any organization in the long run. There are a number of techniques that need to be followed by every organization that guarantees that it possesses the right number and type of people‚ at the right time and right place‚ so as to enable the organization to
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CHAPTER II Review of Related Literature This chapter presents the different literature and studies that have direct bearing on the topic undertaken. LOCAL LITERATURE 1. What are the common cybercrimes in the Philippines? In the Philippines‚ 87% of Filipino Internet users have been victims of cybercrimes–DOJ‚ the primer quoted a 2010 report of the security software firm Symantec that as many as 87 percent of Filipino internet users (nearly nine out of 10) were identified
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Chapter II Review of Related Literature and Studies Related Literature Polystyrene Commonly known as ’Styrofoam’ that is one of the most widely used type of plastics. It is a strong plastic created from erethylene and benzine that can be injected‚ extruded‚ or blow molded; making it a very useful and versatile manufacturing material. It is also a rigid‚ transparent thermoplastic‚ which is present in solid or glassy state at normal temperature. But‚ when heated above its glass transition temperature
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Local Studies Students Performance under retention policy In 1998‚ University of the East College of Business Administration under her leadership was listed by the Professional Regulation Commission (PRC) as the number 3 top performing school with over 100 examinees. This continuous performance is the reason that it granted a second level re-accreditation by The Philippine Association of Colleges and Universities Commission on Accreditation (PACUCOA). Together with the retention
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Acme needs a new system to allow employees to record time card information electronically and automatically generate paychecks based on the number of hours worked and total amount of sales (for commissioned employees). The new system will be state of the art and will have a Windows-based desktop interface to allow employees to enter timecard information‚ change employee preferences (such as payment method)‚ enter purchase orders‚ and create various reports. The desktop version will run on individual
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